Hedges are a better financial investment for a home than fences in several ways. First, hedges are less expensive to install than fences. Fence installation costs $1,775 to $4,600, depending on the type and size. You can also choose to plant smaller and less expensive hedges, knowing that it will take longer for them to mature. Next, mature hedges add resale value to the home, meaning the cost savings get even better when it's time to sell.

If you’re trying to keep your dog from running away, an electric fence isn’t the only fence type for your yard worth considering. The cost of dog fences can range from $1,500 to $8,000, with popular materials including wood, vinyl, or aluminum to keep your pet safe and sound. 

If you’re trying to keep livestock in their pasture, other fencing options include woven wire, high-tensile wire, and synthetic fencing. These options give your animals boundaries without the use of electricity. 

If you’re looking for a budget-friendly fence material, corrugated metal could be the answer. Metal fences cost about $7 to $32 per foot. Aluminum corrugated metal tends to be less expensive than steel. Both options are similar in cost to wood, so, depending on the type of wood you are considering, corrugated metal could be better for your budget.

Staining a fence is less expensive than painting a fence due to the cost of materials and the longevity of the finish. Stain not only lasts longer than paint without chipping or peeling, but you also won’t have to put in the extra time and cost to prime the surface first.